Citi warns of rising global food inflation risks
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A Citi Research report highlights increasing risks of global food inflation due to potential disruptions in the Strait of Hormuz and worsening El Nino conditions. Agricultural commodity prices could face significant upward pressure in the next 6-12 months, driven by higher energy costs and fertilizer shortages. Traders should brace for potential supply disruptions impacting agricultural production costs globally.
Not investment advice. For informational purposes only.